Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1

  • Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: BTC) stash remained unchanged. What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last quarter, according to the company's earnings report released after the market close.